RFID New Retail Label is playing an important role in improving the competitiveness of modern retail enterprises. It is a kind of label that is fully satisfied with a series of applications, such as inventory, traceability, payment and settlement of products in unmanned supermarkets and vending machines. It is mostly used in the new retail industry of FMCG, and due to its advantages of low cost and simple production, it is widely accepted and used by all sectors of different industries. With RFID technology, enterprises can predict the categories that may be out of stock in advance, and remind stores to replenish inventory in time and appropriate manner to reduce the rate of goods out of stock and improve inventory management. In the subsequent payment process, the settlement is carried out after identifying the goods. When the customer leaves the store, the RFID label(s) will be scanned by the sensor to reconfirm the automatic settlement amount of the goods purchased by the consumer.